SA5690· Pop. 280Maralinga Tjarutja

PENONG

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

Liveability score

Annual growth and vacancy rate are modelled estimates based on long-run state averages. Price and rent use real government data where available. This is not financial advice. See full disclaimer.

Median price

Est.

—

no recent data

Rent yield

Est.

—

rent real · price estimated

Annual growth

Est.

4.8%

modelled estimate

Vacancy rate

Est.

0.9%

modelled estimate

AI insights for PENONG

Investment analysis, risks & comparisons

PREMIUM

PENONG shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

AI insights locked

Investment analysis · Risk assessment · Suburb comparisons

Unlock with Premium

AI suburb reportPREMIUM

A shareable, printable analysis of PENONG — investment outlook, liveability, risks & who it suits.

Unlock

Compare PENONG with nearby suburbs

Side-by-side on price, yield, growth, schools, safety & more.

PENONG vs WAROONEE PENONG vs NORTH HILLS PENONG vs LAMBINA PENONG vs MOUNT SARAH PENONG vs MITCHIDY MOOLA PENONG vs MUNDI MUNDI

Resident reviews

What people who know PENONG say

No reviews yet — be the first to share what PENONG is like.

Reviews are the opinions of individual users and are not verified by Australia Property.

Price figures are estimated — suburb-level data not available for this state. Verify with Domain or REA.

Median rent

$160/wk

SA Housing Trust · Q1 2026

Demand change

+4.1%

annual shift

Yield × growth index

—

combined signal

Net yield (est.)

4.13%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+7.8%

est. compound, long-run avg

10-yr growth (CAGR)

+6.4%

est. compound, long-run avg

Rental demand

52 / 100

Moderate demand

Supply pipeline

Est.

1.0%

new dwellings approved / stock · Modelled estimate

Low supply pressure

5-year price history

No price history available.

Market overview

PENONG is a SA suburb offering lower rental yield and steady price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.

Highlights

Consistent annual growth of 4.8%
Very low vacancy rate — high rental demand
Access to national transport network and amenities

Risk factors

Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,357/wk

$43k taxable p.a.

Renters

41.4%

52.3% owner-occupier

Median age

39.0 yrs

Unemployment

5.0%

Population growth

+1.0% p.a.

Investor-owned

12.0%

of all dwellings (ATO)

Houses

77%

8% apartments

Degree qualified

22.2%

bachelor's or higher (ABS)

Work from home

13.8%

of employed residents (ABS Census)

Median lot size

2.6 ha

Large block

Household size

2.4 persons

avg per dwelling (ABS Census)

Short-term rental

3.1%

Some Airbnb activity

Market activity

Distance to CBD

549.9 km

Regional

Days on market

80 days

Slower market

Auction clearance

37.6%

Buyer's market

Walkability

0 / 100

Car-dependent

Coastal proximity

343.6 km

Inland

NBN technology

Fixed Wireless

Regional — wireless tower

Population density

138/km²

Low density

Schools in postcode 5690

🏫2 Primary📚4 Combined

ACARA 2025

🏫Primary (2)

Penong Primary School

Government · Yrs R-6 · Very Remote

ICSEA 870(6%)

36 students11:1 student–teacher39% girls2% top SEA quarter

Koonibba Aboriginal School

Government · Yrs R-6 · Very Remote

27 students5:1 student–teacher56% girls

📚Combined (4)

Ceduna Area School

Government · Yrs U, R-12 · Very Remote

ICSEA 859(5%)

448 students11:1 student–teacher45% girls5% top SEA quarter

Crossways Lutheran School Ceduna

Independent · Yrs R-10 · Very Remote

ICSEA 793(3%)

134 students7:1 student–teacher61% girls2% top SEA quarter

Yalata Anangu School

Government · Yrs R-12 · Very Remote

50 students4:1 student–teacher40% girls

Oak Valley Aboriginal School

Government · Yrs R-12 · Very Remote

18 students6:1 student–teacher50% girls

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

Safe

95/ 100

0.2 offences / 100 persons

Source: SA Police · 2024-25

School quality

Disadvantaged

841ICSEA · national avg 1000

3 schools in postcode area

Source: ACARA My School 2025

Transit access

Limited

27/ 100

🚆 1 train🚌 5 bus

Source: State GTFS feeds

Gentrification signal

/ 100

Stable / no signal

Established suburb with stable demographics. Consistent demand but lower gentrification upside.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

medium

Source: State GIS flood zone data

🔥

Bushfire risk

high

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

none

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

Properties in PENONG

View listings

Local professionals

Connect with agents and building inspectors who operate in PENONG. Ask about off-market opportunities, rental appraisals, or arrange a building inspection.

Create a free account to message agents and inspectors directly.